Sayaji Industries Ltd Dividend 2024 : Should Sayaji Industries Ltd be a part of your dividend portfolio?
Sayaji Industries Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹110Cr. Its share price is ₹173.25 as on 18 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sayaji Industries Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Sayaji Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Sayaji Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 1.15%.
Let's look at Sayaji Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sayaji Industries Ltd’s revenue were ₹246.76Cr in the quarter ending December 2023. The revenuefell by -8.1% year on year basis since last quarter.
Sayaji Industries Ltd’s profits were ₹-1.95Cr in the quarter ending December 2023. The profits fell by -135.01% year on year basis since last quarter.
Sayaji Industries Ltd’s dividend was ₹1 in the quarter ending March 2022.